Unpacking Xalles Holdings Inc. for a clearer investment picture.
Embark on an exploration of Xalles Holdings Inc. (OTC: XALL), a vanguard in the fusion of technology and financial services. Committed to pioneering the future, Xalles leverages its unique RISE (Roll In, Selected Exit) Business Model to propel disruptive companies into the limelight, promising a journey of growth, innovation, and strategic acquisitions.
Xalles filed Notification of Late Filing – for Xalles Year End 2023 Annual Report March 28th and due on or before April 14th, additional days are required to incorporate information from all subsidiaries in the consolidated financial statements. While awaiting further updates, let’s recap Xalles Holdings Inc.’s 2023 financial statements and analyze the fourth quarter comparisons once the filings are made public.
Xalles Holdings’ 2023: Growth & Financial Strength
Cash and Cash Equivalents: From $231,903 to $256,144 Approximately +10.44%
Other Current Assets: From $1,409,059 to $3,352,169 Approximately +137.89%
Total Current Assets: From an assumed $1,641,962 to $3,608,313 Approximately +119.73%
Total Assets: From $2,387,005 to $4,354,305 Approximately +82.44%
Revenue (for the three months ended September 30): From $1,555,829 to $5,199,701 Approximately +234.22%
Revenue (for the nine months ended September 30): From $2,608,700 to $13,786,650 Approximately +428.61%
Net Income (for the quarter): From $274,239 to $762,978 Approximately +178.17%
Net Income (for the nine-month period): From $520,451 to $2,138,653 Approximately +310.89%
Common Stock Issued and Outstanding: From 1,207,751,609 shares to 1,441,529,387 shares an increase of approximately +19.34%
Accumulated Deficit Turnaround: From a deficit of ($451,366) to a surplus of $1,687,286. This represents a complete turnaround to a positive figure.
Net Cash Used in/Provided by Operating Activities: From a use of $131,198 to a provision of $212,530. This represents a shift from a negative to a positive figure, indicating a significant improvement in cash flow from operations.
XALL – Xalles Holdings Inc. | Company Profile | OTC Markets
Xalles Holdings Inc.’s financial statement analysis paints a picture of a company on a solid growth trajectory, marked by improved liquidity, revenue, and operational efficiency. While the rise in contractor expenses and share issuance justifies a closer look, the overall sentiment leans positively towards the company’s future prospects. The diagram below illustrates the scalability and the time that might be needed for delayed filings.
2024 Xalles Holdings Highlights
In the whirlwind of recent developments at Xalles Holdings Inc., it’s a challenge to cover every update comprehensively. Thus, we’re zeroing in on the most promising acquisitions that are shaping the company’s trajectory—CashX and Artemis stand out as our focal points.
These acquisitions not only underscore Xalles’ strategic direction but also highlight the innovative spirit propelling the company forward. As we spotlight these significant milestones, we acknowledge the breadth of Xalles’ achievements and plan to delve into other aspects in future coverage. For now, let’s review a list of remarkable accomplishments Xalles has achieved just in 2024.
- Strategic Expansion: CashXAI opens new locations in Miami and Nashville (04/04).
- Partnership Amendments: Adjusted closing dates with Fluid Tech (04/03 & 02/29).
- Healthcare Innovation: CashXAI integrates RxSpark for underbanked access (04/03).
- Collaborative Ventures: InnovationsHR and Capital Innovations Management join forces with Ovation Health (04/02).
- New Partnerships: CashX announces virtual gift card partnership (03/28).
- Incubation Program: Supertext joins Xalles’ incubation efforts (03/26).
- Studio Addition: DiscoverMe now part of Xalles Studio (03/25).
- Executive Appointment: André Mouton named EVP of International Business Development at CashX (03/22).
- Media Engagement: Xalles’ interview highlights with Proactive Investors (03/20).
- Extended Partnerships: Extended closing dates with WooSender (03/18 & 02/23).
- AI Integration: Adaptive integrates AI into analytics platform (02/09).
- Strategic Updates: Announcements on acquisition strategy, business model, and business group updates throughout January.
- Acquisition Moves: Acquires a stake in WooSender (01/18), completes CashXAI acquisition, and finalizes profit-sharing sale of ArtemisX (01/16).
- Defense Sector Entry: Launch of ArtemisX Defense (01/10).
A dynamic start to 2024, showcasing Xalles Holdings Inc.’s commitment to innovation, expansion, and strategic partnerships. Stay tuned for our comprehensive coverage of other dimensions of Xalles’ dynamic journey in the near future.
XALL – Xalles Holdings Inc. | News | OTC Markets
Furthermore, we focus our lens on Artemis and CashX recent news underscoring Xalles Holdings Inc.’s dedication to fostering growth, diversification, and the deployment of cutting-edge solutions across the technological and financial landscapes. Stay tuned for our comprehensive coverage of other dimensions of Xalles’ dynamic journey in the near future.
Xalles Holdings Acquires Artemis, Bolstering Defense AI
Xalles Holdings Inc. acquires Artemis Defense Technologies, signaling a major move into uncrewed systems technology. The acquisition marks a significant step into Defense AI and Autonomy. Xalles Holdings Completes Successful Acquisition of Artemis Defense Technologies
Acknowledged by defense news www.army-technology.com
A Strategic Acquisition
Xalles Holdings Inc. (XALL), known for its innovative approach in technology and financial services, has officially acquired Artemis Defense Technologies UK Ltd. This acquisition not only broadens Xalles’ portfolio but also establishes its presence in the high-growth sector of Defense Autonomy and Artificial Intelligence.
Artemis’s Expertise
Artemis, a UK-based leader in advanced autonomous technologies, is celebrated for its groundbreaking work in uncrewed systems technology. With this acquisition, Artemis is poised to expand its reach into the US, aligning with significant Department of Defense initiatives and the tri-nation AUKUS Defense program.
Future Prospects and Leadership
The acquisition is seen as a transformative move for both companies, with Artemis set to play a crucial role in the future of scalable autonomy in Defense and Homeland Security sectors internationally. Thomas Nash, CEO of Xalles, and Carl Cagliarini, CEO of Artemis, both express enthusiasm and high expectations for the partnership’s impact on national security and defense technologies.
Pioneering Next-Gen Defense Systems
Artemis Defense Technologies is revolutionizing defense, medical, and critical communications with rapid, quality innovations for a safer world. In an era where speed and adaptability in defense technologies are crucial, Artemis Defense Technologies stands out as a rapid prototype and production partner. Artemis Defense Technologies
Bridging Innovation with National Security
Artemis Defense Technologies specializes in advancing the power of technology and innovation to protect and serve our global community. Positioned uniquely at the intersection of defense, medical, and critical communications, Artemis propels the next generation of systems forward, focusing on speed, quality, and agility.
A New Paradigm in Defense Procurement
The geopolitical tensions in regions like Ukraine and Taiwan underscore the urgent need for faster, more adaptable defense solutions. Governments and defense contractors are increasingly valuing modularity and rapid deployment. Artemis Defense Technologies responds to this demand by specializing in quick-turnaround prototypes and mission-ready systems that emphasize modularity and operational longevity.
Collaborative Excellence in Global Security
With a proven track record, including work for the U.S. Department of Defense (DoD) and U.K Ministry of Defense (MoD), Artemis harnesses emerging technologies to both leverage opportunities and mitigate threats. The company’s strategy involves a collaborative approach, uniting the brightest minds across various technology sectors to innovate solutions that safeguard national interests efficiently and effectively.
Revolutionizing Defense and Technology
The Artemis Leadership Team
Meet the Innovators Behind Artemis’s Cutting-Edge Defense Technologies. Dive into the backgrounds of Artemis’s key team members, driving innovations in AI, Uncrewed Systems, and Global Security.
Leadership at the Helm
- Carl Cagliarini, CEO: A trailblazer in counter-terror technology and Uncrewed Aircraft Systems, Carl integrates AI and ML into pioneering detection technologies, accelerating product development in defense. Carl has held several C-level roles in Private and Public companies.
- Paul Keen, VP Development and Manufacturing: An expert in innovation, Paul reimagines design and manufacturing processes to achieve commercial success, leveraging his experience to advance Artemis’s product offerings.
- Steven Walker, Head of Uncrewed Systems: Steven’s engineering expertise underpins Artemis’s cutting-edge uncrewed system projects, ensuring top-notch quality and performance.
- Stuart Harmer, PhD, Head of Sensors: With a strong foundation in physics and astrophysics, Stuart leads Artemis’s sensor development, contributing to significant technological breakthroughs.
- Maxine Davenport, VP Marketing: Maxine’s extensive experience in marketing and event management across tech and security sectors drives Artemis’s global brand visibility.
- Daniel Cagliarini, UAS Project Manager: Daniel’s multifaceted role in project management and technological innovation at Artemis is complemented by his skills as a commercially qualified UAS pilot, enhancing the team’s operational capabilities in uncrewed systems.
The Artemis team, with its rich blend of expertise and innovation, stands at the forefront of transforming defense and technology landscapes, promising groundbreaking solutions for global security challenges. As the landscape of global security evolves, Artemis Defense Technologies remains at the cutting edge, ensuring rapid, adaptable, and high-quality defense solutions. Their commitment to innovation and collaboration positions them as a key player in supporting the defense and security needs of tomorrow.
SwētSpot Acquires ArtemisX, Bolstering US Defense Tech
SwētSpot’s acquisition of ArtemisX marks a significant move in the defense sector. Combining expertise to meet US military demands with American-made solutions. The deal enhances autonomous defense technology, emphasizing American innovation. SwētSpot steps up in defense tech promising advancements in autonomous military vehicles and US innovation. Xalles Holdings Finalizes Profit-Sharing Sale of ArtemisX, Enhancing U.S. Defense Technology Landscape.
The Cherry on Top of Tech! – SwētSpot
SwētSpot positions itself as a one-stop solution for fulfilling set-aside contracts, spanning commodities to advanced technology solutions. The company aims to simplify the set-aside process for clients, backed by a leadership skilled in global operations and marketing, emphasizing operational efficiency and market reach. SwētSpot highlights its capability to meet diverse set-aside requirements efficiently, indicating a vast network and expertise in diverse contract management. For more insights, visit swetspot.ai
A Strategic Move in Defense Technology
Clearwater, FL – The Marvina Case family of companies and its division, SwētSpot, announce a significant acquisition of ArtemisX, driving forward the landscape of US defense technology with a focus on autonomous vehicle production and American innovation.
Enhancing US Military Capabilities with ArtemisX
This acquisition positions SwētSpot at the apex of autonomous defense technology, marrying ArtemisX’s technological prowess with SwētSpot’s market reach. The focus is clear: advancing the production of state-of-the-art autonomous vehicles to meet the rigorous standards of the US military.
Leadership Perspectives on the Acquisition
Marvina Case, SwētSpot’s CEO, and Carl Cagliarini, President of ArtemisX, share their visions of revolutionizing the military drone market and overcoming production challenges, promising a new era of military capability for the USA and its allies.
SwētSpot | The Cherry on Top of Tech!
Commitment to American Innovation and Security
SwētSpot’s strategy emphasizes domestic development and production, aiming at bolstering national security, economic growth, and job creation through its dedication to American manufacturing and innovation.
SwētSpot, a crucial division of the Marvina Case family of companies
Beyond the acquisition of ArtemisX Defense Inc., SwētSpot has been actively expanding its footprint across various high-technology and innovation-driven sectors. The company has been pivotal in fostering advancements in sustainable transportation solutions, notably through its collaboration with EcoDrive Innovations. This partnership underscores SwētSpot’s dedication to environmental sustainability and its pursuit of cutting-edge technologies to revolutionize the transportation industry with eco-friendly alternatives.
Furthermore, SwētSpot’s involvement in healthcare innovations, particularly through the development of advanced diagnostic tools with HealthTech Solutions, highlights its commitment to improving healthcare outcomes through technology. This initiative aims at enhancing diagnostic accuracy and speed, thereby facilitating better patient care and outcomes.
These activities reflect SwētSpot’s strategic diversification and its emphasis on leveraging technology to address critical challenges across various industries, including defense, transportation, and healthcare, showcasing a broad-based approach to innovation and growth within the Marvina Case family of companies.
Swētspot Your One Stop Shop for Government Contracts
SwētSpot’s is a leader in providing advanced technological solutions, committed to exceeding military and private sector standards. The profit-sharing acquisition of ArtemisX not only signifies a leap in defense technology but also underlines a steadfast commitment to US manufacturing and innovation, setting new standards in military capabilities.
